Cash Restructuring Charges definition

Cash Restructuring Charges is defined in the definition of “EBITDA.”
Cash Restructuring Charges means cash based restructuring charges, as defined under GAAP, for any entity that is the subject of a Permitted Acquisition; provided that in no event shall Cash Restructuring Charges exceed $5,000,000 in the aggregate during the term of this Agreement.
Cash Restructuring Charges means, in respect of any period, any cash restructuring charges taken by the Borrower and its Subsidiaries on a consolidated basis during such period in accordance with GAAP; provided that, for purposes of calculating the Cash Interest Coverage Ratio in respect of any fiscal quarter ending on or prior to February 28, 2002, the sum of Cash Restructuring Charges and Non-Cash Restructuring Charges for such quarter shall not exceed the amount set forth on Schedule 7.13 relating to any such fiscal quarter."

Examples of Cash Restructuring Charges in a sentence

  • The Borrower shall not permit Restructuring Charges to be paid in cash by any JD Entity (i) arising in connection with the Restructuring Program at any time from the Effective Date through the end of Fiscal Year 2009 to exceed $355,000,000 in the aggregate and (ii) arising in connection with Permitted Divestitures (other than Permitted Additional Cash Restructuring Charges) at any time from the Effective Date through the end of Fiscal Year 2008 to exceed $45,000,000 in the aggregate.


More Definitions of Cash Restructuring Charges

Cash Restructuring Charges means cash charges with respect to the refinancing of Indebtedness, the exiting of the PWI business, the closing of distribution centers, the closing or refranchising of Company-Owned Stores, the closing and outsourcing of the manufacturing operations located in Hartford, Wisconsin, and related corporate downsizing, including, but not limited to, cash charges pertaining to the termination of lease commitments, decommissioning charges, shipping and handling related to the closing of facilities, facility abandonment, environmental and legal charges, severance and related costs and contract termination charges, all such Cash Restructuring Charges subject to a maximum aggregate amount not to exceed $12,600,000 for the fiscal year ended December 28, 2002 and $35,000,000 for the two (2) fiscal year period ending January 1, 2005. Cash Restructuring Charges shall include accruals for outstanding warranty claims to the extent permitted by the Noteholders.

Related to Cash Restructuring Charges

  • Restructuring Charges means any charges or expenses in respect of restructuring or consolidating any business, operations or facilities, any compensation or headcount reduction, or any other cost savings, of any Persons or businesses either alone or together with the Company or any Restricted Subsidiary, as permitted by GAAP or Regulation S-X under the Securities Act.

  • Restructuring Costs means the costs, including both direct and indirect, of restructuring activities. Restructuring costs that may be allowed include, but are not limited to, severance pay for employees, early retirement incentive payments for employees, employee retraining costs, relocation expense for retained employees, and relocation and rearrangement of plant and equipment. For purposes of this definition, if restructuring costs associated with external restructuring activities allocated to DoD contracts are less than $2.5 million, the costs shall not be subject to the audit, review, and determination requirements of paragraph (c)(4) of this subsection; instead, the normal rules for determining cost allowability in accordance with FAR Part 31 shall apply.

  • Recurring Charges means where you allow a Merchant to bill your Account for a specified or unspecified amount, at regular or irregular intervals for goods or services;

  • operating charge means any amount charged to a client by a registered firm in respect of the operation, transfer or termination of a client’s account and includes any federal, provincial or territorial sales taxes paid on that amount;

  • Non-Recurring Charges means any charges imposed by the TDSP or other third parties on a non-recurring basis for services, repairs or additional equipment needed for Customer’s electric service.

  • Permitted Tax Restructuring means any reorganizations and other activities related to tax planning and tax reorganization (as determined by the Company in good faith) so long as such Permitted Tax Restructuring is not materially adverse to the Holders of the Notes.

  • Carrying Charges or "rental" means all regular charges paid on a periodic basis to a housing corporation by a person or family living in a rental or cooperative housing project, excluding initial down payments.

  • Restructuring Expenses means losses, expenses and charges incurred in connection with restructuring by U.S. Borrower and/or one or more of its Subsidiaries, including in connection with integration of acquired businesses or persons, disposition of one or more Subsidiaries or businesses, exiting of one or more lines of businesses and relocation or consolidation of facilities, including severance, lease termination and other non-ordinary-course, non-operating costs and expenses in connection therewith.

  • Permitted Restructuring means the completion of: (a) an offer made by, or on behalf of, an Eligible Company to all (or as nearly as may be practicable all) of the shareholders of the Issuer (or, if the Issuer is not then the Ultimate Owner, to the shareholders of the then Ultimate Owner) to acquire the whole (or as nearly as may be practicable the whole) of the issued ordinary share capital of the Issuer (or, if the Issuer is not then the Ultimate Owner, the then Ultimate Owner’s issued ordinary share capital) other than those already held by or on behalf of such Eligible Company; or (b) a reorganisation or restructuring whether by way of a scheme of arrangement or otherwise pursuant to which an Eligible Company acquires all (or as nearly as may be practicable all) of the issued ordinary share capital of the Issuer (or, if the Issuer is not then the Ultimate Owner, the then Ultimate Owner’s issued share capital) other than those already held by such Eligible Company or pursuant to which all (or as nearly as may be practicable all) of the issued ordinary share capital of the Issuer (or if the Issuer is not then the Ultimate Owner, the then Ultimate Owner’s issued capital) not held by the New Holding Company is cancelled;

  • Equity Restructuring means a nonreciprocal transaction between the Company and its stockholders, such as a stock dividend, stock split, spin-off, rights offering or recapitalization through a large, nonrecurring cash dividend, that affects the number or kind of Shares (or other securities of the Company) or the share price of Common Stock (or other securities) and causes a change in the per-share value of the Common Stock underlying outstanding Awards.

  • Restructuring Date means the date on which a Restructuring is legally effective in accordance with the terms of the documentation governing such Restructuring.

  • Pre-Closing Restructuring has the meaning specified in Section 6.14(a).

  • CCAA Charges means the Administration Charge and the Directors’ Charge;

  • transaction charge means any amount charged to a client by a registered firm in respect of a purchase or sale of a security and includes any federal, provincial or territorial sales taxes paid on that amount;

  • Restructuring Support Agreement means that certain Restructuring Support Agreement, dated as of August 18, 2020, by and among the Debtors and the Consenting Noteholders, and the other parties who signed the signature pages thereto, including all exhibits and attachments thereto.

  • Restructuring Event means the occurrence of any one or more of the following events:

  • Monthly Recurring Charge or “MRC” shall mean the monthly recurring charges for the Service as set out in the Customer Order Form or COF;

  • Restructuring Agreement shall have the meaning set forth in the recitals.

  • Restructuring has the meaning set forth in the Recitals.

  • Termination Charge means a charge levied when an unamortized balance remains and the Jurisdiction requests termination of Street Lighting Service. The charge is determined by costs of equipment, installation, removal, disposal, Capital Recovery Period, and Utility Financing Cost minus payments made to date for the specific fixtures.

  • Restructuring Period means, whether or not there are Rated Securities at the time a Restructuring Event occurs, the period of 45 days starting from and including the day on which that Restructuring Event occurs.

  • Termination Charges shall have the meaning set forth in Section 7.1(b)(iii).

  • Restructuring Loss means the loss on a modified or restructured loan measured by the difference between (a) the principal, Accrued Interest, tax and insurance advances, third party or other fees due on a loan prior to the modification or restructuring, and

  • parking charge means the charge paid by drivers to leave a vehicle in a parking place;

  • Financing Costs means for each calendar day the product of: